The retail tax regime may be applied by small and mediumsize enterprises engaged in one or more types of activities approved by the Government as qualifying for this regime.
The approved list includes 114 types of activities from the most affected industries (retail, transportation, hotel and tourism, catering, entertainment, etc.). The list will be valid for two years from 1 January 2021 to 1 January 2023.
VAT payers are required to submit an application for VAT deregistration and VAT liquidation declaration at least five business days before the taxpayer starts working under the retail tax regime. A taxpayer operating under the retail tax regime is not subject to VAT registration for the entire period of the retail tax regime.
Source KPMG
Latest Posts in "Kazakhstan"
- VAT Rates for State Procurement in Kazakhstan During the 2026 Transition Period
- Kazakhstan Extends Tax-Free VAT Refund Pilot for Foreigners Through 2026, Expands Program Scope
- Kazakhstan to Require Full VAT Registration and Filing for Non-Resident Digital Suppliers from 2026
- Imported Pharmaceutical Raw Materials to Be Exempt from VAT to Support Local Industry
- How to Change VAT Rate from 12% to 16% in 1C Accounting
